JD.com launches blockchain for business
Written by Hannah McGrath
Chinese e-commerce giant JD.com has opened its underlying blockchain framework JD Chain to business customers.
This will enable companies to build their own blockchain solutions from the ground up, following JD’s earlier launch of a new blockchain technology open platform, which enables businesses to leverage pre-built Application Programming Interfaces (APIs) in their own businesses.
Through JD Chain, companies will now be able to build their own solutions, without relying on pre-built APIs.
The new platform aims to promote greater pooling of resources among blockchain developers and enterprise users, and helps improve the performance of data ledger, consensus protocols, cryptographic algorithms, data storage and APIs.
Xinlei Zhai, head of blockchain at JD.com, said: “Through JD Chain and the JD Chain Open Source Community, we are empowering enterprises to leverage the vast technological resources at our disposal to develop their own blockchain solutions, creating greater security, efficiency and transparency across all of their operations.”